GST Council may replace 12% and 18% slabs with 14-15% one: Sushil Modi

The Goods and Services Tax Council might replace the 12 per cent and 18 per cent slabs with a 14-15 per cent one, said Bihar Deputy Chief Minister  Sushil Modi  on Thursday. While addressing a seminar on the GST, organised by the Institute of Chartered Accountants of India, Modi said this slab rationalisation was likely to be taken up only after the  GST  collections…